Bill > HR4827

This bill, known as the Medical Debt Relief Act of 2025, aims to protect consumers by amending the Fair Credit Reporting Act to address medical debt on credit reports. Specifically, the bill defines medical debt as any debt arising from medical services, products, or devices and prohibits credit reporting agencies from including any adverse information related to medical debt on a consumer's credit report. This means that medical debts, whether they have been sent to collections or charged off, cannot be used to negatively impact a consumer's credit score. Additionally, the bill requires the Director of the Bureau of Consumer Financial Protection to modify regulations within one year of enactment to prevent creditors from using medical debt information when deciding whether to extend credit to a consumer. The goal of this legislation is to reduce the financial harm caused by medical expenses, which can often be unexpected and burdensome, by preventing such debts from hindering an individual's ability to access credit or obtain favorable lending terms.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/4827/all-info